The new Peruvian sol
The official currency used, and circulating in the Republic of Peru, is the new Peruvian sol currency (Spanish: Nuevo Sol Peruano), which can be abbreviated as (ML), and one sol is one hundred parts of a smaller monetary sub-class called centimos (Spanish: Céntimos). As for the issuance of the sol currency in its various denominations, and its two types (paper and metallic) are carried out by the Central Reserve Bank.[1] Looking at the price of the Peruvian currency against the dollar, one US dollar is equivalent to the value of 3.3160 sols (according to the exchange rates for the year 2019 AD).[2]
New Peruvian Sol classes
The new Peruvian sol coin was issued with several designs and denominations, as follows:
banknotes
They are in the following categories:[3]
- New 10 Sol: green and orange, the obverse includes the image of José Abelardo Quinones, and on the opposite side is the image of the archaeological site of Machu Picchu.
- New 20 sol denomination: It tends to be purple, and the obverse includes the image of Raúl Boris, and on the opposite side is the image of the ancient Chimu wall.
- New 50 sol denomination: It tends to purple, and the obverse includes a portrait of the writer Abraham Valdelomar, and on the opposite side appears the image of the Chavin Temple.
- New 100 sol denomination: it is blue, and the obverse includes the picture of the historian Jorge Passader, and on the opposite side is the picture of the archaeological site of Bagatín.
- The new 200 sol denomination: It tends to be pink, and the front of the coin includes the image of Saint Rosa from Lima, and on the opposite side there is a picture of the holy city of El Karal.
coins
The coins of the new Sole denominations were issued somewhat similar in design; One side of the coin includes the image of the Central Reserve Bank and the national coat of arms, while the other side includes the percentage values of the coin. The last issue of coins included the following denominations:[4]
- 1 cent class.
- 5 cents class.
- 10 cents class.
- 20 cent class.
- 50 cent class.
- Class 1 new sol.
the reviewer
- ↑ Thomson Gale (2007), “Peru”, www.encyclopedia.com, Retrieved 5-5-2019. Edited.
- ↑ “Current Rates”, fiscal.treasury.gov, 5-15-2019, Retrieved 3-6-2019. Edited.
- ↑ “New Family of Banknotes”, www.bcrp.gob.pe, Retrieved 5-5-2019. Edited.
- ↑ Chelangat Faith (8-17-2017), “What is the currency of Peru?”, www.worldatlas.com, Retrieved 5-5-2019. Edited.
What is the currency of Peru?
